Trump admin gives Brazilian crooks $62M bailout meant for struggling US farmers

[Mormolyce]

Trump administration showers Brazilian crooks with $62M bailout money meant for struggling U.S. farmers

The Trump administration has forked over more than $62 million — taxpayer cash that was supposed to be earmarked for struggling American farmers — to a massive meatpacking company owned by a couple of corrupt Brazilian brothers.

The Department of Agriculture cut a contract in January to purchase $22.3 million worth of pork from plants operated by JBS USA, a Colorado-based subsidiary of Brazil’s JBS SA, which ranks as the largest meatpacker in the world.

The bailout raised eyebrows from industry insiders at the time, as it was sourced from a $12 billion program meant for American farmers harmed by President Trump’s escalating trade war with China and other countries.

But previously undisclosed purchase reports obtained by the Daily News this week reveal the administration has since issued at least two more bailouts to JBS, even as Trump’s own Justice Department began investigating the meatpacker, whose owners are Joesley and Wesley Batista — two wealthy brothers who have confessed to bribing hundreds of top officials in Brazil.

Both brothers have spent time in jail over the sweeping corruption scandal.

Local prosecutors rescinded the Batistas’ plea deals last year after accusing them of withholding evidence. The seedy brothers aren’t allowed to leave Brazil as their complex cases go to court.

The Justice Department, meanwhile, is probing JBS for possible violations in the U.S. of the Foreign Corrupt Practices Act, according to filings in an unrelated court case reviewed by The News. Reuters reported in December that Justice Department investigators interviewed the Batistas in Brazil late last year as part of that investigation.

Nonetheless, Trump’s Agriculture Department issued $14.5 million in bailout cash for pork products from JBS in February and another $25.6 million earlier this month, totaling more than $62.4 million, according to the purchase reports.

The sheer size of the payouts stoked outrage from industry watchdogs, who question how subsidizing a deep-pocketed, Brazilian-owned company would help farmers in the American heartland.

“Why is the USDA bailing out plants operated by JBS, the largest meatpacker in the world, with a program designed to help domestic companies and producers under economic duress?” said Tony Corbo, a lobbyist at Food & Water Watch, noting that the meat giant reported a net income of $273 million for the first quarter of 2019.

Moreover, JBS appears to have benefited from the trade tensions between Beijing and Washington that the bailouts are supposed to mitigate.

https://www.nydailynews.com/news/pol...54y-story.html

Here comes that trickle. Any minute now.

[Agrossive]

https://www.nydailynews.com/news/pol...54y-story.html

Here comes that trickle. Any minute now.

62million is .5% of that 12billion, that's not even worth a story.

[P for Pancetta]

62million is .5% of that 12billion, that's not even worth a story.

Any form of corruption is worth a story.

[ellieg]

62million is .5% of that 12billion, that's not even worth a story.

But if you twist it a certain way and omit a few facts and look at it thru their TDS kaleidoscope, it can make trump look bad. I worry about mormo and a few other posters here. I'm not even sure they are Americans but they are so obsessed with trump lol. I honestly think it's some sort of sexual fetish, somewhat related to masochism.

[Draco-Onis]

But if you twist it a certain way and omit a few facts and look at it thru their TDS kaleidoscope, it can make trump look bad. I worry about mormo and a few other posters here. I'm not even sure they are Americans but they are so obsessed with trump lol. I honestly think it's some sort of sexual fetish, somewhat related to masochism.

Just for the record how much corruption, crime and incompetence do you think people should be happy with?

[ellieg]

Just for the record how much corruption, crime and incompetence do you think people should be happy with?

I think about 1 thread on trump a day should be enough. And post it in the politics section. When the same person, who's not even living in America, posts 3+ threads on trump a day I start to worry. It cant be good for their health obsessing over him that much. I pity them. Can you imagine spending every waking hour thinking about and discussing someone you hate? Its obviously taken its toll on this poor poster

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I like how anyone hating Trump has Trump Derangement Syndrome, but the people calling Obama a Muslim fascist from Kenya were totally justified.



It's hilarious how much hypocrisy happens instantly when a new president takes office.

I feel the same way abt the ppl who had to post 3 + threads on Obama. Mormo is the new orlong lol

[Themius]

62million is .5% of that 12billion, that's not even worth a story.

.5% is a huge percentage...

[Draco-Onis]

I think about 1 thread on trump a day should be enough. And post it in the politics section. When the same person, who's not even living in America, posts 3+ threads on trump a day I start to worry. It cant be good for their health obsessing over him that much. I pity them. Can you imagine spending every waking hour thinking about and discussing someone you hate? Its obviously taken its toll on this poor poster

You still haven't answered the question how much corruption do you think should be acceptable?

[Powerogue]

"two wealthy brothers who have confessed to bribing hundreds of top officials in Brazil."

And one top official in the white house, apparently.

Daily disgrace.

It's so strange, the money he amasses keeps going to large, corrupt businesses instead of the common folk who are out of jobs due to the economy changing that he made all those promises to, yet as far as I know they continue supporting him. Does he just lie to them? Sunk cost fallacy among them? I just sit here baffled with every concurrent incident.

[Josyel]

JBS Brazil is in a corrupt scandal with former president Lula (who is in jail) and his political party PT.

They are all parasites that the media tries to paint with rose tinted glasses.

[BeepBoo]

Any form of corruption is worth a story.

With that mindset we'd have so many stories we'd become desensitized and stop caring. If you choose to attempt to fight every battle and act like everything matters so much that it deserves attention, then it actually all loses meaning and gets lost in the crowd. Humans are only so capable of dealing with stress before they start to ignore it and/or search for outs.

[zenkai]

https://www.nydailynews.com/news/pol...54y-story.html

Here comes that trickle. Any minute now.

A plant operating out of USA but owned by someone who is not American. OMG! The Humanity!

[Jimmy Woods]

Conservatives: "Socialism is bad, Unless it's given to the wealthy elite who's company has actually benefited from Trump's tariffs 'wink' 'wink'"

I remember Fox News shitting bricks over $15,000 star trek themed IRS employee morale video, but I guess $62 million is just a rounding error, I'm sure their hosts can "accidentally" say $62,000 a few times just like they added multiple zeroes when talking about Solyndra. HAHAH Team Politics so fun!

A plant operating out of USA but owned by someone who is not American. OMG! The Humanity!

I guess if you ignore the fact that Trump said his bailouts were for Patriot Farmers. Or ignore the fact that this company actually benefited from the tariffs. Also ignore the fact that Trump likes to tweet shit out to manipulate the stock market. And ignore the fact that Trump won't disclose his business interests. Yeah, corruption level pretty fucking high. I guess with friends like Trump, buying a metal statue for $91 million is just another Wednesday.

[Elegiac]

Conservatives: "Socialism is bad, Unless it's given to the wealthy elite who's company has actually benefited from Trump's tariffs 'wink' 'wink'"

I remember Fox News shitting bricks over $15,000 star trek themed IRS employee morale video, but I guess $62 million is just a rounding error, I'm sure their hosts can "accidentally" say $62,000 a few times just like they added multiple zeroes when talking about Solyndra. HAHAH Team Politics so fun!

Hey, don't shit on Fox News. If it weren't for them we wouldn't have discovered the other two Mexicos.

[Razzako]

62million is .5% of that 12billion, that's not even worth a story.

Any state would welcome $62M blind folded.

[ellieg]

Hey, don't shit on Fox News. If it weren't for them we wouldn't have discovered the other two Mexicos.

We can add that to the other 57 states lol

[Sorshen]

As evidenced in this thread and many others, Donnie's supporters are fine with corruption. Don't report it daily cause it makes him look bad!

[zenkai]

Conservatives: "Socialism is bad, Unless it's given to the wealthy elite who's company has actually benefited from Trump's tariffs 'wink' 'wink'"

I remember Fox News shitting bricks over $15,000 star trek themed IRS employee morale video, but I guess $62 million is just a rounding error, I'm sure their hosts can "accidentally" say $62,000 a few times just like they added multiple zeroes when talking about Solyndra. HAHAH Team Politics so fun!



I guess if you ignore the fact that Trump said his bailouts were for Patriot Farmers. Or ignore the fact that this company actually benefited from the tariffs. Also ignore the fact that Trump likes to tweet shit out to manipulate the stock market. And ignore the fact that Trump won't disclose his business interests. Yeah, corruption level pretty fucking high. I guess with friends like Trump, buying a metal statue for $91 million is just another Wednesday.

Do you think a meat processing plant in the US imports the beef and the workers? This is about as asinine as saying iphones are American made because they are owned by Apple. I mean hate Trump all you want but when you throw out common sense to get a dig at him, you give Trump the win as your argument falls flat on those of us with common sense.

[Bodonius]

Dont seem like news

[Zaktar]

62million is .5% of that 12billion, that's not even worth a story.

You're overseeing an organization worth 12b and one of your people foolishly squanders 62 million of it. Does that person still have a job? "Bbut it's only .5% boss, no big deal." Right.